Sanix Holdings (TSE:4651) LT-Debt-to-Total-Asset : 0.12 (As of Sep. 2024)

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What is Sanix Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Sanix Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.12.

Sanix Holdings's long-term debt to total assets ratio declined from Sep. 2023 (0.15) to Sep. 2024 (0.12). It may suggest that Sanix Holdings is progressively becoming less dependent on debt to grow their business.

Sanix Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sanix Holdings's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sanix Holdings LT-Debt-to-Total-Asset Chart

Sanix Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.05

0.13

0.12

0.20

0.15

Sanix Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.15	0.13	0.12	0.11

Sanix Holdings LT-Debt-to-Total-Asset Calculation

Sanix Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	5516	/	36965
	=	0.15

Sanix Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	4460	/	36230
	=	0.12

Sanix Holdings (TSE:4651) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Sanix Holdings LT-Debt-to-Total-Asset Related Terms

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Sanix Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sanix Holdings Inc (TSE:4651) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

2-1-23, Hakataeki-Higashi, Hakata-ku, Fukuoka, JPN, 812-0013

Website

https://www.sanix.jp

Sanix Holdings Inc is working to create a comfortable hygienic environment around ordinary houses, buildings, condominiums, offices and restaurants, based on its mission Clean dirty areas and sanitize filthy. It is also been focusing on the energy business such as power generation using recycled plastic fuel, sales of photo voltaic system - a category-leader of renewable energy, and retail business of electric power.

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